According to USDA, corn silking & dough figures and soybean blooming & pod setting figures remained significantly below previous year levels through the first week of August. The current corn crop identified to be in good or excellent condition declined slightly from the previous week while the current soybean crop identified to be in good or excellent condition was unchanged.
Corn:
Corn silking as of the week ending Aug 4th was 78% complete, finishing behind last year’s pace of 95% and the five year average pace of 93%. Corn silking progress finished at a ten year seasonal low figure.
Corn dough as of the week ending Aug 4th was 23% percent complete, finishing behind last year’s pace of 54% and the five year average pace of 42%. Corn dough progress finished at a six year seasonal low figure.
57% of the current corn crop was identified to be in good or excellent condition as of the week ending Aug 4th, down one percent from the previous week. The current corn crop identified to be in good or excellent condition finished below last year’s figure of 71%. 13% of the current corn crop was identified as very poor or poor, up one percent from the previous week and finishing three percent above last year’s figure.
The percentage of the current corn crop identified to be in good or excellent remained at a seven year seasonal low level for the week ending Aug 4th while the percentage of the current corn crop identified to be in poor or very poor condition finished tied for the highest level experienced throughout the past seven years.
Soybeans:
Soybean blooming progress as of the week ending Aug 4th was 72% complete, finishing behind last year’s pace of 91% and the five year average pace of 87%. Soybean blooming progress finished at the lowest seasonal pace experienced throughout the past 23 years.
Soybean pod setting as of the week ending Aug 4th was 37% complete, finishing behind last year’s pace of 73% and the five year average pace of 63%. Soybean pod setting progress finished at a ten year seasonal low figure.
54% of the current soybean crop was identified to be in good or excellent condition as of the week ending Aug 4th, unchanged from the previous week. The current soybean crop identified to be in good or excellent condition finished below last year’s figure of 67%. 13% of the current soybean crop was identified as very poor or poor, also unchanged from the previous week but finishing three percent above last year’s figure.
The percentage of the current soybean crop identified to be in good or excellent remained at a seven year seasonal low level for the week ending Aug 4th while the percentage of the current soybean crop identified to be in poor or very poor condition finished at the highest level experienced throughout the past seven years.
